Latest Insights
COSOL – proud Premier Sponsors of Mainstream Summit 2024
As leaders in asset management innovations and solutions that span across the asset management framework, COSOL are proud to announce our Premier Sponsors of the 2024 Mainstream Summit being held in Fremantle, Western Australia on the 20th March. Since 1996, Mainstream has been serving asset-intensive industries with research, information, events, training courses and digital communication solutions that celebrate the successes,
COSOL strengthens presence in the Americas with integration of Fields Consulting Services (FCS)
COSOL Limited and Fields Consulting Services (FCS) joined today in an agreement that will enable both companies to grow their Enterprise Asset Management (EAM) and digital solutions portfolio, expand their global reach and strengthen COSOL’s footprint in the crucial Americas market. This builds on our market leading position within Australia.
Enhancing Data Quality: The Key to Effective Enterprise Asset Management
Maintaining high data quality within an EAM system is not a trivial task. In this article, we will delve into the significance of data quality in EAM and explore strategies to ensure its integrity, consistency, and usefulness.
Is it time to rethink your enterprise systems?
Planning and executing an EAM/ERP transformation can take time. When the need for change is looming, leaving it to the last minute simply isn’t an option. In this article, we look at some of the drivers for change, weigh the balance of challenge and opportunity, and identify the steps to successful transformation.
2023 holiday message and office hours
As 2023 draws to a close, we want to take this opportunity to thank our customers, partners and suppliers globally for their continued support of COSOL and their trust in us to provide solutions, innovations and tangible results for their organisation.
The essential first step for SAP ECC to S/4HANA migration
In this second of two articles about Enterprise Resource Planning (ERP) system implementation success, we explain why a readiness assessment is an essential first step in any ERP implementation including SAP and migrating from ECC to S/4HANA.
How OnPlan is digitising work management
In this article, we speak with Stuart Burckhardt, co-founder and CEO of OnPlan Technologies (now part of the COSOL group) about how the OnPlan digital work management platform is digitising maintenance for industrial workforces and enhancing the capabilities of ERP such as SAP.
Why some ERP system implementations fail
In the first of two articles on Enterprise Resource Planning (ERP) system implementation success, we delve into some of the common practices that organisations need to avoid if they want to ensure the success of their new or upgraded ERP.
Join COSOL at Mastering SAP 2023
COSOL are proud to be Silver Partners of the 2023 Mastering SAP – EAM + Supply Chain & Procurement Conference (Gold Coast, Australia) and contribute to 2 days of brilliant content, speaking sessions and demonstrations. Learn more and view the event agenda >
Grasping the keys to MRO inventory optimisation success
Optimising MRO Inventory is often overlooked, but inefficient practices mean working capital is locked up in materials, and downtime due to stockouts is high. In this article we look at the keys to successful MRO inventory optmisation and the significant benefits it can provide asset-intensive organisations.
COSOL attends the annual MaximoWorld event in Phoenix, Arizona
This year our team saw a strong interest from delegates who wanted to understand how to migrate from Maximo to Maximo Application Suite (MAS) efficiently. Our expert team supported by our strategic partners – InterPro and Projetech also discussed the popular topics of IBM MAS AppPoints, Mobility, Geographic Information Systems (GIS) and Building Information Modelling (BIM) and how these technologies help organisations achieve operational efficiency.
COSOL expands its asset management software and services with the acquisition of AssetOn Group
COSOL acquires AssetOn Group – a leading Australian provider of asset management software and services. This acquisition enables COSOL to accelerate the delivery of our end-to-end Asset Management as a Service solutions across the East Coast of Australia. AssetOn’s SaaS products “OnPlan” and “Master Data Services (MDS)” join COSOL’s growing stack of IP solutions.
Transform maintenance operations with Maximo Application Suite and Visualisation
The application of digital engineering disciplines such as BIM to generate value for asset operations and maintenance (O&M) processes extends well beyond visualising what the asset itself looks like. When working with complex three-dimensional assets, BIM allows organisations to graphically plan work packages based on related tasks or their proximity to each other.
The savvy system owners guide to moving to IBM MAS
Working with an experienced and trusted partner, upgrading to IBM Maximo Application Suite needn’t be a traumatic experience. In this article the COSOL’s EAM experts guide savvy system owners on when is the best time to move to IBM MAS, understanding IBM AppPoint licencing and how to prepare of a successful upgrade.
Barriers to BIM in asset operations (and how you can break them down)
The advantages of embracing Building Information Modelling (BIM) in design and construction (D&C) have been well and truly proven. Large infrastructure projects now mandate BIM to be used to centralise data, facilitate communication and promote efficiencies across the early stages of the assets’ lifecycle. But there are barriers to BIM being adopted across the entire asset lifecycle. Learn more about how to break them down.
Turn sustainability ambition into action with Envizi
Asset-intensive organisations can’t afford to delay taking action on ESG (Environmental, Social and Governance). Not only are they under pressure to reduce waste and emissions by investors and society at large, regulations currently in place – and yet to come – require that they meet strict environmental conditions.
Mobility enhancements improve WH&S compliance for major utility company
EZMaxMobile is COSOL’s preferred mobility tool for Maximo. It integrates seamlessly, allowing field users full access to asset data and functions in online and offline modes without having to duplicate or compromise business rules. We’ve helped utilities, civil infrastructure, transportation and local government go mobile to empower field crews and realise efficiencies in common asset management tasks.
Bridging the asset data gap: The value of BIM for asset managers
Building Information Modelling (BIM) is a digital representation of the physical and functional characteristics of built assets – from bridges and buildings to production plants and processing facilities. It helps design and construction teams aggregate information and work more efficiently on the creation of new assets and infrastructure.
Impacts of the Climate Change Act on Asset-Intensive Organisations
In 2022, the Climate Change Act officially passed legislation in Australia. Federal and State Governments are now working together to tackle climate change with a common goal. In this article, we look at some of the impacts that this legislation might have on asset intensive industries in Australia in the short and long term.
COSOL’s response to the Apache Commons BCEL security vulnerability CVE (2022-42920)
IBM has advised of a critical security vulnerability relating to the Apache Commons BCEL used by IBM Maximo Asset Management – version 7.6.1. This vulnerability could allow a remote attacker to bypass security restrictions, caused by an out-of-bounds write flaw in the APIs. By sending a specially-crafted request, an attacker could exploit this vulnerability to gain control over the resulting bytecode.
Supporting the next generation of skilled professionals
Now in its third year, the COSOL CDU Engineering Scholarship is delivered in partnership with CDU which is the largest education and training provider and only university in the Northern Territory.
Insights: The Path to Mining Productivity
In this excerpt from our latest insights eBook, we look at how mining organisations can increase productivity, reduce costs and achieve digital asset management maturity when they utilise the abundance of asset data available as part of an integrated asset information ecosystem.
COSOL grows Enterprise services, secures beachhead into Western Australian resources sector
COSOL Limited acquires Work Management Solutions (WMS), an advisory and technical consulting services to the resources and utilities sectors.
How to deliver a successful SAP ECC to SAP S/4HANA migration
Find out how to ensure a successful SAP ECC to SAP S/4HANA migration. Avoid the most common migration pitfall and start preparing your data now.
The Path to Predictive Maintenance
Brisbane Airport Corporation worked with COSOL on a Proof of Concept project to assess the capability, feasibility and potential use cases of IBM Maximo Application Suite Health, Monitor and Predict as an interim step on the path to predictive maintenance.
Data quality myths and misconceptions
A recent Gartner report confirmed that every year, poor data quality costs organisations an average US $12.9 million and highlighted that in addition to the immediate impact on revenue, over the long term, poor quality data increases the complexity of data ecosystems and leads to poor decision making. Despite this, some organisations prioritise technology solutions or systems upgrades that rely heavily on
Hitachi Energy and COSOL partner to upgrade Prony Resources ERP/EAM system on time and on budget
Hitachi Energy and COSOL announced a strategic partnership for the delivery of Professional Services in Asia Pacific in July 2021. Both parties are pleased to celebrate the first major project delivered as part of this partnership to the benefit of Prony Resources.
How to achieve a successful Merger or Acquisition data migration
Merging data landscapes following a Merger or Acquisition (M&A) is a complex business undertaking. Therefore, it’s essential to understand the impact of the merger on your entire data landscape and systems infrastructure early in the process.
Keeping business improvement on track at MaxiTRANS
One new initiative is introducing an online collaboration ‘whiteboard’ tool as part of our business process improvement methodology. Virtual or remote process mapping has enabled us to continue working closely with our clients despite the disconnect between distributed teams and remote working.
Integrating the Ecosystem: Understanding assets, locations and how to manage them
Asset information ecosystem integrations starts by understanding the relationship between assets and locations, then explore how creation, access and maintenance of this data changes over the course of an asset’s life.
COSOL signs multi-year contract with De Beers Group
De Beers is the world’s leading diamond company with expertise in diamond exploration, mining, grading, marketing and retail. It employs more than 20,000 people across the global diamond industry, mostly in the diamond source countries of Botswana, Canada, Namibia and South Africa.
Why power, water and gas utilities need to make the switch to Esri Utility Network
Esri Utility Network enables deeper understanding, powerful analytics and improved service delivery to end customer for utilities operating and maintaining complex asset networks.
Collaboration critical for local government asset management
It is difficult to envision a future for the delivery of water services in New Zealand that is not fundamentally different to the current status quo. Whether the Three Waters Reform programme successfully navigates the political minefield or not, the solution will start with improved collaboration in asset management.
The three essential steps to successfully integrating GIS in asset management
Fast access to good location data is more important than ever. COSOL’s experts break down our approach and offer some helpful tips and trends.
Strategic acquisition of leading EAM business to expand COSOL’s data and digital solutions
COSOL Limited is pleased to announce that it has executed an agreement to acquire Clarita Solutions Pty Ltd (Clarita). Headquartered in Brisbane, Clarita is a dynamic digital solutions company with specialist skills in IBM’s Maximo® (a leader in the Gartner Magic Quadrant for EAM software platforms) committed to transforming Enterprise Asset Management (EAM) operations.
Creating a roadmap to asset performance improvement
An asset optimisation roadmap can bridge functional & technical camps to overcome the common barriers to continuous improvement.
COSOL announces its newest partnership agreement with Dassault Systèmes Quintiq
COSOL and Quintiq share a common goal to drive efficiencies and deliver quantifiable business improvements for our customers and the finalisation of the partnership secures COSOL’s position as a significant provider of Quintiq resources in Australia.
COSOL lands Long Beach Transit Managed Service contract
The scope of works includes providing all levels of Ellipse support for the Finance, Maintenance and Procurement/Materials Departments, in addition to COSOL providing ongoing technical and functional support for the Ellipse application.
WestConnex Achieves Optimal Efficiency with EAMaaS
COSOL helps WestConnex – Australia’s largest transport infrastructure project achieve optimal efficiency through EAMaaS, BIM and rich media integration.
Next-gen digital asset management solutions
VIDEO: Maximo, RedEye and COSOL – engineering drawing and data management that sets new standards in asset management
Explained: What is an ‘Asset Information Ecosystem’?
The asset information ecosystem model denotes a collaborative integrated data environment where information is able to flow freely between systems.
COSOL and Hitachi ABB Power Grids expand strategic partnership agreement
COSOL has announced an expanded strategic partnership agreement with Hitachi ABB Power Grids to become the preferred provider for all Ellipse Professional Services capability required by Hitachi ABB Power Grids’ clients in the Australia-New Zealand region.
Single source of truth for asset data and artefacts
Together, Maximo, RedEye and COSOL make it possible to readily access engineering content within the context of your work.
COSOL awarded new contract with Australian owned Ioneer
The project will see COSOL North America become the partner of choice to work on the implementation of the Hitachi Ellipse Finance module. This will allow Ioneer to improve its decision-making capability and gain greater access to mission critical information on a timely and accurate basis.
COSOL awarded new contracts with Transgrid and Anglo American
This was a sole sourced contract after a demonstration of COSOL’s data migration expertise. Central to the project win is COSOL’s proprietary data management solution, RP Connect®, which will utilise the RP Connect® – Data Vault Engine to store historical Ellipse data.
COSOL awarded extension to Department of Defence ERP program
The award of this contract continues COSOL’s longstanding relationship with IBM and the Department of Defence (Australia). It recognises the proven expertise and flexibility of COSOL and our RPConnect® Data Management platform for the Defence ERP Programme.
Migrating from ArcMap to ArcGIS Pro: Concerns vs. Reality
The countdown is on to migrate from ArcMap before it is retired. Here are the top concerns vs. reality to help you navigate your way to ArcGIS Pro.
Maximo in the cloud makes sense
Cloud makes sense for more than just the financial benefits. Find out how this ‘as a service’ model compares to other hosting options.
Council meets GDA2020 compliance deadline
This South East Queensland regional council is one of the first in Australia to adopt GDA2020.
InterPro’s New EZMaxMobile 6.0 Sets the Bar for the Next Generation of IBM Maximo Mobility
EZMaxMobile 6.0 is now available. Already the best choice for fully functional Maximo mobility, EZMaxMobile is now faster & easier to extend.